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speaker john boehner is in ohio, president obama is in his native hawaii. you'll hear about a last ditch effort that may happen after the holiday. that story just a few moments away here as well. >>> a united states senator was arrested for drunk driving early sunday morning. idaho republican mike crapo was taken to jail in alexandria, virginia, after midnight. he was stopped for running a red light and charged with driving under the influence. senator crapo has issued an apology. he was released on $1,000 bond and he has a court date. >>> christmas, two days away, and for much of the country it's going to be a white one. heavy snowfall has blanketed several states, in the mountains of california up to five feet of snow is expected. snow is also falling back east as well. lake-effect snow has blanketed areas around cleveland and buffalo. high winds are threatening to delay flights at airports in new york, philadelphia and washington. >>> i have to warn you, the report you're about to see has some very graphic images of people hurt and dying. the latest from western syria, where more than
week. >> dana: we'll see him in hawaii. >> eric: yeah, yeah, yeah. >> greg: he spoke a lot about common ground and doing it together. is that his way of saying agree with me? >> eric: can i make a point before mr. beckel says he had a deal, he talked to reid and will come and announce a deal. shining armor. right off the sun -- ride off to sunset to hawaii. had nothing, did nothing. all he did is come to the podium i talked to reid and boehner, i'm out of here. going to hawaii. >> bob: you haven't spent much time negotiating in washington. if you don't think there is a deal done by december 31 -- why would he talk to boehner? >> kimberly: he has to. >> bob: to go to hawaii? >> kimberly: yes. >> eric: before he goes, everyone on the right will say why -- >> bob: they had -- >> eric: why go hawaii? >> bob: reid, here are the parameters. boehner, we'll sell this. deal by 28 or 29. >> kimberly: demonize republicans to say he would meet them halfway and number of instances. look, i'm presidential and i am showing leadership. they're intractable. they are the bad guys, i'm good guy and aloha.
-plan that would preserve middle class tax rates. the president is now in his native hawaii for a quick christmas break. briana keiller joins us from honolulu. hello, briana. is this fiscal cliff deadline getting closer, what do we think will happen as the holidays rolls out here? >> reporter: well, there's one sort of last ditch effort possibility here, don, and that is when the senate reconvenes on the 27th, it's possible that either they could try to pass something and sort of force it on the house or it's possible that they could take a bill that they've already passed back in july with the threshold of those tax hikes being at the $250,000 level and that they could kind of say to the house, okay, now the ball is in your court. you have to deal with this, but it's still very much a possibility, don, that this doesn't work out, that we go over the fiscal cliff, and that was reflected today on the sunday shows from both democrats and republicans. take a listen. >> passing plan b, the other night, would not have changed the outcome. we were going to go over the cliff before. we're going to go ov
in hawaii where the president is spending the christmas holiday. brianna, the president maybe a little too optimistic that a deal can be reached? aloha, by the way. >> he did say last night that he is a hopeless optimist that something can get done, but what we know, it's not going to be that big package, obviously of deficit reduction as well as dealing with these tax hikes that are set to kick in. that's not what's going to be happening, instead, he's pressing for something smaller just to a deal with stopping those tax hikes from kicking in for americans making $250,000 per year or less. and also trying to make sure that unemployment benefits are extended. listen to what president obama said last night and also listen to what some of the house republican resistance from speaker boehner to his sort of short-term plan here. >> in the next few days, i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction.
. appreciate your time. >>> president obama in hawaii with his family and fiscal cliff negotiations remain at this stand still. but could the president cut that trip short? we'll investigate after this. >>> hi. i'm commander ayers here in afghanistan. i wanted to say to my mom, dad and sister in melbourne, florida, happy holidays and i love you and miss you. see you soon. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> here's a look at the stories topping the news for you right now. two firefighters have been killed, two others being treated for gunshot wounds after they were fired upon responding to a fire in upstate new york happening in the town of webster this mornin
and a world war ii hero. >> all of us in hawaii looked up to him and we are so sad to see him go. >> reporter: inouye was born in hawaii in 1924 and dreamed of being a surgeon. but he heard the call to arms when japanese planes flew over his home to bomb pearl harbor. he served in italy and there lost an arm to a german grenade, leading a battle that won him the medal of honor. >> everything became a by the crazy. bullets flying all over the place and my arm flew off. i looked for the grenade because i knew it was in my hand. and there it was still clutched. and i peeled it off and i threw it at the enemy. >> reporter: inouye was elected to the u.s. house of representatives in 1959. the same year hawaii became a state. he won a seat in the senate three years later where he served eight and a half terms. >> he was a man who, as we all know, rarely called attention to himself. but who lived a remarkable american life filled with dignity and grace of the true hero that he was. >> reporter: he gained notoriety when he served on the senate committee looking into the watergate scandal. the probe ul
are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humility. the french don't seem to have any. those socialists are going to go down with the ship. >> they're going to
their profits. >>> president obama's in hawaii today where he and the first family will spend christmas. but the president says he will return to the white house after the holiday to continue working on a deal to avoid the fiscal cliff. joining me now, white house editor from politico, rachel smolkin. good to see you. >> good to see you. >> holiday red there, rachel. i will begin with you. is there any realistic timetable where a deal gets done beforian 1? look at the calendar. >> there's a realistic timetable but not an optimistic timetable. not a lot of holiday cheer going on in the nation's capital. after the stunning is heback speaker boehner suffered this week in the house where he could not get his own plan through. had to pull it and because he didn't have the votes. we saw president obama acknowledge yesterday before leaving for his vacation that the deal would -- would dramatically narrow. the parameters of a deal, scope of any possible deal, much smaller than we were looking at even a week ago. he said he would still be open to the big deal but the reality is we are running ou
'm watching for is the 17th when the president is due to take his family to hawaii. i don't think he wants to be in hawaii without a deal. something is going to come up. >> ron, what about you? >> i thought the resignation of senator jim demint, who was a staunch conservative, which was a surprise departure, tells me the republicans in many ways are throwing in the towel on this deal. he's a guy who fought tooth and nail against this thing, against raising tax rates. you may want to work from the outside in, which is the way the press is portraying this. it looks like too many republicans are beginning to throw in the towel. they may finds a compromise that isn't necessarily clinton era tax rates, something in between. but it looks like the makings of a deal. with every change on the republican side, more and more likely to happen than not. >> all right. we'll see about that. we'll be watching. obviously, very, very important for the markets. thanks. see you later. >>> let's get to bertha coombs. one company with big moves after the bell. over to you. >> maria, amarin is falling after the
in the session the day after christmas. on another sad note, hawaii senator dan anhoy, a war hero and the longest-serving member of the senate. he had represented his state as a congressman on senator since hawaii joined the union in 1959. president obama said tonight, tonight, our country has lost a true american hero. according to the senator's staff, his last word was aloha. coming up, in the aftermath of yet another tragedy, the mental health community needs to assess if it's doing everything it can to stop gun violence. or are they being asked to engage? psychiatrist gail saltz joins me for the discussion next. stay with us. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see y
hawaii vacation short to deal with the fiscal cliff. >> really, it's kind of like falling down stairs. we have a dysfunctional congress. >> speaker boehner needs to bring his party along. >> it's pretty clear that he could not bring them along. >> john boehner doesn't seem to have full control of his caucus. >> they were this close. >> the republicans will be blamed. >> they were this close to a solution. >> we're going to head over that cliff. >> i know it's hard for the republicans. the minute those leaders move forward, they get viscerated. >> guns shouldn't be available for anyone, any time, anywhere. >> the conversation still wages on. >> its plan to add more guns to schools. >> a completely dumb-ass idea. >> i don't think the nra is listening. >> you can call it whatever you want to call it. >> congress hasn't confirmed the director of the bureau of alcohol, tobacco and firearms. >> dysfunctional, dysfunctional, dysfunctional congress. >> we're not going to allow what has happened in the past to go on. >> congress has just three business days to pass legislation to avoid going over
. the president is supposed to leave for a 21-day vacation in hawaii on december 17th. where he is on december 18th will tell me, and i think the markets will pay attention. i find it hard to believe, and i agree with bill and many, who are very not amused by the house taking their long weekend. i'm sure that the president would have no intentions of leaving until these issues are resolved. i think the market is being kind, but i think it's a timing issue. >> yeah, i think that's a good point. somebody mentioned the other day that the president is planning a trip to hawaii on december 17th. i said, what? they said, no, no, no, not unless the deal is done. we'll see about that. meanwhile, the house goes away for a lock weekend. all right, rob. what do you think? you think we're going to get a deal done by the year end? >> i think there will probably be a deal done. i think you have to look at the market fundamentals today and say equities are as cheap as th they've been in 50 years relative to bonds. equities are going to stay firm. the second thing is the money flows going to bonds, that's probab
those camps who put you there. >> and it was totally irrational. because it was hawaii that was bombed. but if they had in turn -- the people of japanese-americans on hawaii in the hawaiian territory were not incarcerated. because they were about half the population and the economy would have collapsed. we who were on the west coast were thinly the spread out. we were primarily in the rural areas, farmers. some were acquiring land and becoming quite successful. and so it was hysteria and greed and lack of political leadership. interesting historical note. we had an attorney general in california who took the oath on the constitution of the united states, and he knew the constitution. yet when he sensed that the get rid of the japs movement was the most popular issue in california, he wanted to run for governor. he ran for governor on that get rid of the japs, and he won. later he was appointed to be the chief justice of the united states supreme court. his name is earl warren. and he never owned up to that checkered history of his. >> it is amazing how quickly people sped away from it.
, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to the senate, and perhaps because of that, some of the pessimism you heard from senator liberman there is shared by replicans. listen. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. gets additional tax revenue for new programs, gets to cut the military and blame republicans for it. >> attention now turns to the senate which will reconvene on thursday. the 27th. house majority leader harry reid now has the task of trying to cobble something together that could perhaps pass the sena
years to deal with it. this is a gimmick, the flying back from hawaii to do this. nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican goes down either way on this. but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with u
's. there has been a loss here in the senate. the senator from the hawaii, daniel inouye at 88 years old passed away yesterday. that will likely cause interruption for a few days for memorial services next couple weeks. whether for the president and most members of congress to go to hawaii or for the late senator to lie in state at the capitol, all things would cut up more time, meaning in all likelihood, if they find an agreement that could be considered real they would have to give themselves a little bit of overtime and pass one of the legislative vehicles that essentially stops the clock to take it into new year's. that was not the plan. that is why they put together what was called sequester so they would be forced to put a legislative gun to their heads to make a deal. looks like they may give themselves a little bit of after school study time. bill: we'll see how that pays off. carl cameron leading our coverage. thank you, sir. martha: the bottom line really does this deal begin to address the economic problems that exist in this country? stuart varney, the anchor of "varney & company" o
vacation to hawaii because of the ongoing stalemate. nick ratner has the latest from capitol hill. >> reporter: in a stunning surprise, splits within house republican ranks forced speaker john boehner to cancel a planned vote on his tax cut bill. >> the house will call of the chair. >> reporter: in a statement, speaker boehner said his plan "b" tax bill did not have sufficient support to pass. the speaker said, it's now up to the president to avert the fiscal cliff. boehner, earlier, had said he hoped to revive stalled white house negotiations. >> the president and i are going to have to work together to solve those challenges. >> reporter: many house republicans told party leaders they would not support a bill that violated their no tax hike pledge to raise tax rate, even on millionaires. senators have been told to plan on being back in washington two days after christmas, in an effort to keep the country from going off the fiscal cliff. nick ratner, abc news, at the capitol. >>> and the impact of the impasse is already being felt around the world this morning. all of asia's majo
in history, daniel inouye died yesterday. he has represented hawaii in congress ever since it became a state back in 1959. he spent almost 50 years in the senate serving as chairman of the powerful appropriations committee and the senate's president pro-tem making him third in line for succession to the presidency. president obama praised the world war ii veteran and medal of honor recipient calling inouye a true american hero. he lost his arm fighting the germans in 1945. harry reid remembered his colleague yesterday on the senate floor. >> i have never known anyone like dan inouye, no one else has. the kindness and -- that he has shown me during my time here in the senate has been something i will cherish always. a man who has lived and breathed the senate. if there were ever a patriot, dan inouye was that patriot. >> daniel inouye's staff said his final world was aloha. he is survived by his wife, son and granddaughter. he was 88 years old. >>> republican congressman tim scott will be switching chambers next year becoming the first african-american u.s. senator from the state of south car
. >> he's also a black guy from hawai'i who used to surf. >> cenk: most importantly, he used to smoke. >> that's what i'm saying into that's what drives me crazy. at least the last three presidents smoked marijuana. they didn't serve any jail time. they became president of the united states. and you served nine months. >> not only a pot smoker, but cocaine user, george bush. >> cenk: yes. >> the hypocrisy are bedfellows. >> cenk: i heard you took the plea deal to spare your son and your wife. >> that was--that's what they told me because legally i was clean. they couldn't touch me because the most iowas my face on a bong. >> cenk: it's not like tommy was dealing drugs or anything. you were selling bongs. >> legally selling bongs. we had a factory in gardena california. we were paying taxes. there was a little law that was only used once on me, i think a paraphernalia law that said it was illegal to ship paraphernalia across state lines. that made it a federal offense. by the way joe biden wrote the law. >> cenk: i hope you're right. biden and obama don't have a great record on this. l
job in the derks li and sold all of his belongings and bought a ticket to hawaii. >> she wishes to express shock and grief the events in the shopping she has no explanation or understanding of her son's behavior. >> ros killed a 54 year old nurse and 45 year old father of two, steven forsyth. a 15 year old was seriously injured . robertson took his own life. late last night john fee -- macfee arrived in the united states. >> this morning i was in jail and today here i am. i am not worried at all. if i am in front of a court they will not send me back. they have no evidence . >> gretchen: macfee is wanted in the country of bealize for the murder of his neighbor. we'll hear from secretary of state hillary clinton on the benghazi, libya attack that left ambassador stevens and three others dead . she will testify december 20th to the house foreign acommittee. the administration has been under fire for the handling of the benghazi attack and their consulate. today government is making commercials tune it down, really? ♪ ♪ >> gretchen: a new fcc rule said tv commercials can't have
in washington for the late senator of hawaii. a lot go to hawaii tomorrow for the funeral. the senate will probably be back after christmas. who knows what's going to happen. >> like you said, this is really uncharted territory. who knows how this is going to shake down. all we know is there's 11 days left to figure it out. thanks very much. >> is this a lethal blow to boehner, do you think? >> lethal may be going far. does hurt him. rt question is, can speaker boehner influence his own party in the house? this may weaken his position. >> absolutely crazy. >> you know what looks a heck of a lot like the fiscal cliff negotiations? the hockey season. it's not looking good. the nhl has now canceled games through mid-january because of the labor dispute. more than 600 games have been scrubbed. that's half the league's entire schedule for the year. players can decide today if they want to claim the lockout is illegal and sue owners. that's one more step in this whole mess. who knows when they're going to play hockey again. >> why not cancel the season? >> i think people would love it if th
in hawaii. the senate is coming back. the house of representatives meanwhile is going to hold a conference call for all republicans later on today. but it's not clear that all these folks, including the president, are going to have much to do when they do come back to town. there's no deal pending on the table here on the fiscal cliff and we're creeping up here on new year's eve. and then yesterday, as you just mentioned, treasury secretary tim geithner really upped the ante in dramatic stakes in the fiscal cliff end game by saying that the united states is going to hit its borrowing limit on monday. now he said the treasury can put in place some extraordinary measures and it has some wiggle room there but he said that the doubt and uncertainty over the fiscal cliff really clouds the prospect of exactly when the united states is going to hit its debt ceiling, statutory borrowing limit. so, that all adds a whole element of drama to all this. and it's really not clear, guys, at this point, how this thing is going to get resolved. but the house has said that it would like the senate now to go
, but obama always has his vacation delayed. i was covering the president a couple years ago and my hawaii trip got delayed a couple days. life went on. >> you were not happy. >> i was, you know, i was not happy, it's true, craig. >> what's your headline, sir? "markets down, party trade blame as fiscal cliff talks fail." >> you're so gloom and doom. >> republicans don't see themselves as unruly kids and don't see obama as a wise principal, contrary to what ari was saying earlier. >> what do you think it's going to take at this juncture to get a deal done? >> i think you have to have the president show some leadership and show an actual balanced package that includes some entitlement reforms and have the muscle with his own caucus to bring that about. >> do you think it would be a advantageous to do it himself or leave it to the staffers? >> i think republicans in congress work better with vice president biden than president obama in these sorts of negotiations. >> america's happy warrior could be ruled out. what's your headline, good sir? >> unfortunately like past headlines, "in a jobs cr
think that we're getting down to the wire here. president obama doesn't want to cancel his hawaii vacation, and harry reid's threatening to keep congress in session, again, for the third year, fourth year in a row. that could have been one of the things they talked about. but at this point, i'm not quite sure if boehner can really get a deeper spending cut deal. i think the most he's going to be able to get is a promise. >> keith boykin, the other thing when i was down in washington yesterday, on the phone with all these guys, is that basically the republicans are going to cave in. basically they're going to cut their losses. basically it's a strategic retreat, that's what i call it, and they will give the president, they will give him his middle class tax cuts, or extended tax cuts and the top rates are going up. now, what the gop gets in return for that i do not know. but i see a cave-in, keith. >> i think you're right. they have no choice, larry. i mean, there's no leverage. the tax rates are going to expire on december 31st, so on january 1st, regardless of whether they do not
continues to fester. >>> also, senator daniel inouye of hawaii passed away this afternoon at age 88. inouye was a senator for 50 years. he was a world war ii hero as well. inouye was awarded the medal of honor for actions he took in italy in 1945 as a member of the legendary 442 combat team composed entirely of japanese americans. may senator inouye rest in peace. >>> now back to some stock market work. stocks continue to discount a fiscal cliff solution of some kind. as i've suggested, they're reacting positively. how about a little optimism on that story? up next, some optimism. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? come pre-filled with problems. enough is enough. intro
to say just before leaving for hawaii for christmas. >> i just spoke to speaker boehner, and i also met with senator reid. in the next few days i've asked leaders of congress to work towards a package that prevents a tax hike on middle class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> wow. ten days. so, will the fiscal cliff solve in ten days? i know there's a deal out there some place it may not be until january, but let's ask our free market friday panel what they think. we have the columnist for the hill and former dnc communications director katie pavlitz. and mr. greenhaus is going to stay with us. all right, katie. first of all, obama basically said in ten days we can get a deal, it sounds like a small deal, 250,000 is the middle class threshold after mr. boehner's plan "b" got defeated. is such a thing possible? or will we have to wait until the new year? >> we're probably going to have to wait until the new year, unle
and the president is about to leave for hawaii, and congress is going to be gone for christmas, too, and you know there is no more effective motivator for capitol hill than pressure, and they have it right now. what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so sure we're getting out of town yet. >> they should be plans you ca
memorial sunday in hawaii. governor neal abercrombie has asked the state democratic party for a list of three names to consider to fill his seat. the senator wrote a letter to the governor telling him he wanted congresswoman-elect colleen hanabusa to succeed him in the senate. >>> back in washington, vermont senator pat layty was sworn in tuesday to succeed inouye as the senate's president pro tem putting him third in line of presidential succession. >>> meanwhile "the boston globe" reports congressman ed markey apparently has more than just a casual interest in filling the seat of senator john kerry when he, as we all are assuming at this point, leaves to become secretary of state. the paper reports that bay state residents are getting phone calls for a poll that sizes up markey's chances if he faced outgoing senator scott brown in a special election. >>> meanwhile, former massachusetts governor in 1988, presidential nominee michael dukakis tells the ""globe"" it is highly unlikely he'll be the didn't quite rule it out. >>> ted kennedy jr., a connecticut resident, is openly consider
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route to their christmas vacation in hawaii. this is "hardball" the place for politics. [ woman ] ring. ring. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. pretty sweet, huh? cute. but don't you have any apps on your phone that can make your life easier? who do you think i am, quicken loans? at quicken loans, we'll provide you with myql mobile. this amazingly useful app allows you to take pictures of your mortgage documents using an iphone or android smart phone... so you can easily send them to us. one more way quicken loans is engineered to amaze. ooh, la-la! >>> one of the busiest travel days of the year has become one of the more treacherous as a slick winter storm moves east. more than 650 flights have been cancelled. 9,000 have been sde layed. and investors cuts their pace today with setbacks in the fiscal cliff. s&p down 13 rand the nasdaq tumbled to 29. now, back to "hardball." >>> it's official. pre
of the breast of us at a memorial service for hawaii senator daniel inouye. a true hero who lost his arm in world war ii. one of the last of the greatest generation, a man who came to washington before compromise was a dirt dirty word. the service came on a day when we also saw washington at its worst. the president and congressional leaders leaving town after partisanship again prevailed and they were unable to find a way to stave off what could be real economic chaos. and what other word but inexplicable could one use to describe the news conference called by the national rifle association? inouye's generation will forever be remembered for the common sense, the inner strength that got it through the great depression, and above all, the courage. the courage that led it to confront nazism, the greatest evil the world has ever known. the president said he hoped people would drink some egg nog and sing a few christmas carols and then come back to washington and start over on finding ways to solve problems. maybe we could also reflect just fair moment on the courage of inouye's generation
his annual vacation in hawaii to deal with the fiscal cliff. no sight of congressional leaders. they're not in town. investors getting a little bit nervous. will congress get it together in time? no talks that we know of are imminent. it was by at least one measure, the weakest holiday retail sales growth since the financial crisis back in 2008, but could a post-christmas holiday sales bounce be around the corner? >>> and what a year it has been for tech. gadgets and gizmos. apple, facebook, microsoft all have big news. will 2013 be a lucky year for the sector? which tech titans might lead the new trends? simon hobbs is in at the new york stock exchange. >> good afternoon. when president obama arrives back in d.c., can he prevent america falling over the fiscal cliff? house republicans haven't yet called their members back to washington. our chief political correspondent, john harwood, is with us. john, this feels very much like it might be the calm before the storm in more way than one. >> it could be if we go over the cliff and the storm would be generated by the markets and the lo
-bye to hawaii senator daniel inouye. there's a special memorial service. the senate chaplain will deliver a sermon and you see president obama wiping tears from his eyes. he was the second longest serving senator in history. he served hawaii since 1959. that's where president obama grew up so he's well familiar with daniel inouye. he was awarded medal of honor after losing an arm in world war ii. it was at a hospital in recovery that he met bob dole. senator inouye was 88 years old. [ bell tolling ] [ bell tolling ] >> i am resurrection and i am life says the lord. whoever has faith in me shall have life even though he died, and everyone who has life and has committed himself to me in faith shall not die forever. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. [ nyquil bottle ] just reading your label. wait...you relieve nasal congestion? sure don't you? [ nyquil bottle ] dude! [ female announcer ] tylenol® cold multi-symptom night
becoming greece. >> today, despite the president being in hawaii, the fiscal cliff is still on the agenda. kristen welker is with the president in honolulu. good day to you, kristen. what are you hearing there? >> reporter: alex, good morning to you. white house officials say this is very much a working vacation, no word if president obama has actually spoke on the congressional leaders at this point. i can tell you that conversations are going on at the staff level. but the reality is that the hard work, the final touches probably won't be put on these bills or this bill, rather, that they're hoping to get until lawmakers, the president, return to washington. and of course that won't happen until after the christmas holiday. this has a lot of people worried, alex, because as you say there's not a lot of time left to get a deal done. president obama, house speaker john boehner, were very close to getting a deal. president obama had given a little on entitlement reform, house speaker john boehner had given a lit until terms of agreeing to increase taxes. but they just couldn't get to the f
medal of honor recipient as an american hero. you had insights. >> his family had been in hawaii since the late 1800s and pearl harbor happened and dan rushed down to the harbor to treat his fellow americans with the training he got in first-aid and then when we were sending japanese americans to internment camps he volunteered for the 42ed. when he was on the dock leaving for war, his father said to him, this country has been very good to your family. you may have to die for this country and it will be a great honor for your family. he ends up saving the national guard unit, losing his arm, getting medal of honor eventually, get back to america, in a hospital room recuperating with guess who? bob doyle and phil hart, his roommates, two of the most distinguished senators in american history. they became fast friends and decided they wanted to devote their life to public service and all went home and ran for the senate and got there, one republican and two democrats. his last word before he died, aloha. we have to pay homage to him. >> we'll be right back. ♪ i'd like to thank eating r
. >>> medal of honor recipient daniel inway of hawaii has passed away. the world war ii hero is being remembered for his influential role in the watergate scandal. the first japanese american to serve in congress was third in the line of presidential succession. he was 88 years old. >>> nbc's "the voice" paid tribute last night to the victims of the school shooting at sandy hook elementary. ♪ hallelujah hallelujah hallelujah ♪ >> that, of course, "hallelujah" by leonard cohen. you could see they were holding up the names of each of the victims. it was such a powerful moment. another one that we've seen. >> a stark reminder just how many victims there were, indeed. >>> we'll take a turn and get our first check of the weather, al. >> we've got a big winter storm going out west. you can see we've got blizzard warnings, winter storm warnings and blizzard watches stretching from nevada all the way into wisconsin. we are looking at a lot of snow really getting itself together later this afternoon. snowfall amounts -- basically we're talking about in some of the mountainous areas, one to
in places like california and hawaii because of land use laws from the 1960's. second, if you look to the community reinvestment act, if you think that is the cause of the bubble, you have to explain why there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you. host: you conclude the book with "home ownership is not just an american dream, a dream of people all over the world. guest: that is absolutely right. a lot of research has shown that homeownership is one way to help people get out of poverty. if you want to start a small business, it turns out most are started with a loan on a business owner's home. if you want to put your kids through college, you can borrow against your home. homeownership is a way to build wealth. yet we have government saying we should get more people into apartments, fewer people into cinder the -- single-family homes. host: what is the track over l
, on the 17th of this month. so the yearly obama trip to hawaii is set to start a week from next monday. you feel me here? see where i'm going? the window closing faster than folks think. what are our decisionmakers doing right now? among other things they are apparently sending signals through the media. republicans saying time to get moving. the president saying there is a deal to be had fairly quickly if the republicans come around to raising taxes on the wealthy. let me give you the president first. >> -- good faith offer to avert the fiscal crisis, and that offer included significant spending cuts and reforms, and it included additional revenue. and frankly it was the balanced approach that the president has been asking for. now we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are things that we can all agree on. and it is exactly how we approached our discussions in the biden group, my discussions at the white house a year and a half ago and for that matter, in the joint select committee. and if the president doesn't agr
for them. this is the type of rocket that has the range to hit areas in alaska or u.s. bases in hawaii. so there is, you know, some concern over this success by north korea, don. >> so chris, how worried are pentagon officials again about the successful launch? you said there is some success with this but how worried are they about it? >> there are still some ways to go, don. they're worried down the road about north korea marrying its nuclear weapons with this missile technology. in other words, being able to miniaturize a nuclear weapon to put on a warhead, to also be able to aim that missile accurately and to have the type of heat shield that would allow it to come back into the atmosphere without burning up. there's no indication north korea, you know, has made that jump yet. that is a concern down the road, and there's also a concern about what help they may be getting. u.s. official is telling us that one working assumption is that iran helped north korea with this launch. we know in the past u.s. officials have detected north korean engineer going to iran, iranian scientists coming
both be blamed for. that's why we have the president flying back from hawaii. that's why we have republicans coming in on sunday even though neither side expects it to change any. the great line in this story, the talking bint it they have is the lines of communication remain open, but all are reporting that the lines of communication may remain open but they're not saying anything. they're negotiating out loud. it's like when you send an e-mail and put your boss on it or copy the whole office. you're not trying to persuade but make your point. >> i'll never do that. richard wolf, are you still awake down there. >> i am. i go to starbucks. >> let me ask you this unearned sense of optimism that seeps out between talk of going over the cliff. we'll go over the cliff but get a deal done within the next two weeks after january 1st. why am i thinking maybe they won't get a deal done? >> right. why? because you watched these idiots try to come up with a deal sore. they didn't have an agreement with the recovery act and republicans didn't want to step up then. we're talking about two se
. it has a tropical connection, because it's coming from the direction of hawaii, but still a mid and northern latitude situation. seattle and portland seeing some rain, snow at the higher elevations. if anything is a saving grace, it's a little cooler this go-around, so some of the moisture getting locked up in higher elevations in the form of snow. most of that is well north of san francisco and napa valley. this will sink further south, we'll get another piece of energy later on today that will spin up across the bay area and intensify the rainfall. that's what we will be watching closely. our computer models highlight that. one pulse to the north. another one fills in further to the south. it shouldn't be nearly what we saw last week. the ground is saturated. rivers are swollen. it won't take much to get more in the way of flooding. once we get past that, we are looking at a fairly dry scenario going over the next few days. today is the day. then tomorrow we'll hopefully be breathing a sigh of relief. >>> this morning intense fighting in syria outside the city of aleppo. rebel
drive. probably one of the rainiest highways in the country. and our friends in hawaii, even they're dealing with some rain and thunderstorms from maui all the way through. so today's forecast for your wednesday, it's still mild for this time of the year especially the southern half of the country. but we've returned to normal in the northern plains. still no snowstorms on the way across the country over the next three to four days. average temperatures to slightly above. if you're dreaming of a white christmas this may be a difficult year to get it on the ground. you're watching "morning joe." [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ >>> of the congressional committee chairs selected thus far for the next congress they are all white males. >> oh,
ever have your mustache slashed. >> never trust a black man unless he's born in hawaii without a mustache. >> gene robinson, do you concur? >> is any mustache safe in the world these days? i'm scared. i'm scared. >> i don't think it is. well, congressman, how are we doing in this effort to avoid the fiscal cliff? do you think it may -- we're encouraged around here at least that the president and john boehner are going to be talking face to face. >> are we naive? >> a little bit. >> sad without a second's hesitation. >> wow! >> look, it's a simple deal, but the circumstances are not simple. and i think we're going to get a deal, on my optimistic side, we're going to get a deal. my pessimistic side is it may be later. we may do something between now and january 1st, but there is no way we're going to do what needs to be done between now and december 31st. >> is that a good thing in terms of doing the longer term? >> we've got to deal with the payroll tax, or many americans are going to end up losing about $1,000 to $1,500 a year out of their checks. we've got to figure out how to
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